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re: High Earners: Traditional IRA
Posted on 1/19/18 at 6:43 pm to AugustaTiger
Posted on 1/19/18 at 6:43 pm to AugustaTiger
Thanks.
The traditional IRA currently sitting is from a previously rolled over 401k. Im 30+ years from retirement, so no worries there.
The only traditional IRA contributions I have ever made was for 2017. Since I do not receive a deduction on this money, is there a way I can withdraw my contributions?
The traditional IRA currently sitting is from a previously rolled over 401k. Im 30+ years from retirement, so no worries there.
The only traditional IRA contributions I have ever made was for 2017. Since I do not receive a deduction on this money, is there a way I can withdraw my contributions?
1
Posted on 1/19/18 at 6:56 pm to LSUTOM07
You should be able to do an excess removal of your funds since you weren’t eligible to make the deductible contribution.
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